I wonder if Kalshi will set odds on the outcome of this suit?
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"I lose $30,800 shame on me.
I lose $308,000 shame on you."
Hope he wins.
I hope he wins, but I'm guessing first thing they're doing is saying "He signed a forced arbitration clause, and here's the 42 places in the ToS where he signed that he was okay with it", and the judge will throw it out
Forced arbitration illegal when?
not soon enough my friend. My work just tried to get me to sign one. Luckily it was optional, but holy fuck
A lot of arbitration clauses can be opted out of. This was the case with most of my credit card agreements when I was reading through them. It involves sending a letter saying that you want to opt out of arbitration. The clause is usually within the mass of text and not easy to find, but it's there.
A lot of arbitration clauses are thrown out by courts once they manage to get it in front of a real judge and not a paid stooge. The feeling you get when the arbitrator goes against the company paying them though.
Also, many arbitration clauses state that the company pays for arbitration costs as long as your claim is not frivolous. There was an attempted class-action case against Valve some time ago, and Valve pleaded that the contract required individual arbitration. So the law firm representing the customers filed tens of thousands of demands for arbitration for each individual customer, each of which surely would result in hundreds or thousands of dollars in arbitration costs for Valve...
Private contracts do not override state and federal law
These polymarkets need to be declared illegal, and all money returned, win or lose. Those that won get to keep their winnings.
And the people who run this shit need to go to jail. I'm sure a lot of them would rat out their corrupt buddies for a reduced sentence.
Honestly I hope he wins
TIL Kalshi doesn't work from Italy.
I know it's just because it would does affect the Italian Gov betting business but it's still nice.
Putting "bets" and "sues" in the same sentence is no different than asking for jumper cables if you crash landed a rocket ship into the moon.
Remember, Kalshi will turn around and have you believe this guy is the best at predicting virtually anything.
What's the bet on him losing this case
I was thinking of making a joke about how bringing a court case is gambling on a favorable outcome, but your joke is better and simpler.
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